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Yahoo Announces Name For Alibaba Spinoff, Assures Investors Deal Will Be...
SAN FRANCISCO (CBS/AP) — Yahoo is moving forward with the spinoff of its sizable stake in China’s Alibaba Group, and announced a name for it: Aabaco. Yahoo stockholders will get shares in the new...
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Yahoo Buying Mountain View Style-Guide Website Polyvore To Boost...
SAN FRANCISCO (CBS/AP) — Yahoo is buying style-tip specialist Polyvore in its latest attempt to become a more fashionable place to advertise. Financial terms of the deal announced Friday aren’t being...
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Yahoo CEO Marissa Mayer Pregnant With Twins
SUNNYVALE (CBS SF) – Yahoo CEO Marissa Mayer announced Monday that she is pregnant with identical twin girls and expects to give birth sometime in December. The CEO of the Sunnyvale-based internet...
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Yahoo CEO Marissa Mayer Running Out Of Time To Turn Things Around
SUNNYVALE (CBS / AP) — Marissa Mayer’s nearly four-year attempt to turn around Yahoo needs a turnaround itself, repeating a pattern of futility that has hobbled one of the Internet’s best-known...
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Yahoo CEO Marissa Mayer Gives Birth To Twins
SUNNYVALE (CBS SF) – Yahoo CEO Marissa Mayer announced that she has given birth to identical twin girls. Mayer said her family was doing well in a tweet posted Thursday morning. Zack and I are excited...
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Yahoo Facing More Pressure From Frustrated Shareholders
SAN FRANCISCO (AP) — Yahoo is facing shareholder pressure to pursue other alternatives besides a complex spinoff of its Internet operations while CEO Marissa Mayer struggles to revive the company’s...
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Amid Troubles, Yahoo Throws Lavish Roaring ‘20s-Style Holiday Party
SUNNYVALE (CBS SF) – While Yahoo considers spinning off its core internet business as its stock drops considerably, the company recently threw a lavish holiday party that reportedly cost millions....
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Yahoo Pulls Plug On Video Hub As CEO Refocuses Company
SUNNYVALE (CBS / AP) — Yahoo has closed its online video hub as part of a purge that CEO Marissa Mayer hopes will make the beleaguered Internet company more profitable. The decision to shut down the...
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Big Yahoo Investor Seeks Change In Leadership, Strategy
SUNNYVALE (CBS / AP) — A big Yahoo investor is asking for a leadership change at the beleaguered company and pushing for the spinoff of its core Internet business. “Despite over three years of effort...
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Yahoo Board Hires Investment Banks To Mull Possible Sale
SUNNYVALE (CBS/AP) — Yahoo’s board has hired three investment banking firms to evaluate potential bids for its Internet operations in the clearest sign yet that CEO Marissa Mayer may not have much more...
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As Yahoo Struggles, Activist Investors Seek To Replace Entire Board
SUNNYVALE (CBS / AP) — Starboard Value LP nominated an entirely new board at Yahoo on Thursday, setting up a fight for control of the faded Internet company. Starboard, which owns about 1.7 percent of...
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Verizon Said To Have Bought Yahoo For Nearly $5 Billion
SAN FRANCISCO (CBS/AP) — Verizon has agreed to buy online portal Yahoo Inc. for roughly $5 billion, according to multiple media reports, each citing a single unnamed source. The deal is expected to be...
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Verizon Officially Buying Yahoo For $4.83 Billion
SUNNYVALE (CBS / AP) — Verizon is buying Yahoo for $4.83 billion, marking the end of an era for a company that once defined the internet. It is the second time in as many years that Verizon has snapped...
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Yahoo’s Mayer A Trailblazer, But No Game-Changer For Women
SUNNYVALE (AP) — Marissa Mayer was a rarity: A major tech-company CEO who served while pregnant and, later, as a mother of young children. But her trailblazing has done little to meaningfully improve...
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Yahoo CEO Marissa Mayer Could Reap $44 Million If She Stays Until Verizon...
SAN FRANCISCO (CBS/AP) — Yahoo CEO Marissa Mayer stands to collect a $44 million severance package if she leaves after Verizon completes its purchase of the once-mighty internet company. Mayer hasn’t...
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Yahoo CEO Accused Of Illegally Purging Male Workers In Lawsuit
SUNNYVALE (KCBS) – A former Yahoo employee is suing the Sunnyvale-based internet company, claiming that CEO Marissa Mayer led an illegal purge of male tech workers. Scott Ard, who was fired last year...
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Yahoo To Change Name, CEO Mayer To Resign Under Verizon Deal
SAN FRANCISCO (AP) — Yahoo will adopt a new corporate identity and cut the size of its board in half if the proposed $4.8 billion sale of its digital services to Verizon Communications goes through....
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Verizon Takes Over Yahoo To Complete $4.5 Billion Deal
SAN FRANCISCO (AP) — Verizon has taken over Yahoo, completing a $4.5 billion deal that will usher in a new management team to attempt to wring more advertising revenue from one of the internet’s...
View ArticleYahoo Adds 2 More Applications To Mobile Arsenal
SUNNYVALE (CBS / AP) — Yahoo is taking the next step in its effort to make some of its most popular services more appealing and accessible to the growing audience connecting to the Internet on...
View ArticleYahoo Reportedly Nearing $1.1B Acquisition Of Tumblr
SUNNYVALE (CBS / AP) — Yahoo may be on the verge of closing its biggest acquisition during the 10-month reign of CEO Marissa Mayer as she tries to attract more traffic and advertisers to the Internet...
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